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Verisk launches Commercial Rebuild tool to help U.K. insurers quickly and accurately estimate property rebuild costs using address data.
Verisk has launched Commercial Rebuild, a new tool for U.K. insurers, brokers, and MGAs to quickly estimate rebuild costs for small to mid-market commercial properties using just an address or UPRN.
The solution leverages Verisk’s property data and updated cost models to deliver accurate, automated assessments without on-site visits.
Accessible via API, web portal, or batch processing, it aims to reduce underinsurance—nearly half of U.K. commercial properties are underinsured—by improving underwriting speed, consistency, and accuracy while lowering costs.
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Verisk lanza la herramienta Commercial Rebuild para ayudar a las aseguradoras del Reino Unido a estimar de manera rápida y precisa los costos de reconstrucción de propiedades utilizando datos de direcciones.